Hitachi payment Services conducted an audit regarding security breach
that had compromised about 3.2 million credit cards issued by Indian
banks in October 2016, after Reserve bank of India ordered an audit four
months back.
The company confirmed on Thursday that their system was affected by "a
sophisticated injection of malware (malicious software code)", that
hampered detail of debit cards issued by banks.
Hitachi Payment Services, a firm that provides ATMs, point of sale and
other services in India, said security audit firm SISA Information
Security has completed its final assessment report on the breach and
discovered that the highly sophisticated malware had worked undetected
and concealed its tracks during the compromise period between May 21 and
July 11 , 2016.
“While the behavior of the malware and the penetration into the network
has been deciphered, the amount of data ex filtrated during the above
compromise period is unascertainable due to secure deletion by the
malware,” said a statement released by Hitachi Payment Services.
According to the National Payments Corporation of India (NPCI), which
looks at payment system in India discovered that almost 90 ATMs in the
country were compromised through malware and least 641 customers across
19 banks lost Rs 1.3 crore to fraudulent transactions on their debit
cards.
Loney Antony, managing director of Hitachi Payment Services said, “…we
confirm that our security systems had a breach during mid-2016. As soon
as the breach was discovered, we followed due process and immediately
informed the RBI, National Payments Corporation of India (NPCI), banks
and card schemes. We also partnered with banks to ensure the safety of
their customers’ sensitive data. As a result, the extent of compromise
was limited and we have not seen any further misuse due to the
containment measures deployed by Hitachi Payment Services"
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